About PAR Technology Corp
PAR Technology Corp is a company based in New Hartford (United States) founded in 1978.. The company has 1,580 employees as of December 31, 2024. PAR Technology Corp has completed 6 acquisitions, including Delaget, PAR Engagement and PAR Technology. PAR Technology Corp offers products and services including PAR POS™ Enterprise, PAR OPS, Punchh®, PAR Pay, and PAR Ordering. PAR Technology Corp operates in a competitive market with competitors including Toast, SpotOn, Tillster, Olo and Revel Systems, among others.
- Headquarter New Hartford, United States
- Employees 1580 as on 31 Dec, 2024
- Stage Public
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Par Technology Corporation
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Annual Revenue
$349.98 M26.48as on Dec 31, 2024
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Net Profit
$-86.18 M-23.55as on Dec 31, 2024
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EBITDA
$-31.06 M40.13as on Dec 31, 2024
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Latest Funding Round
$105 M (USD), Post-IPO
Feb 06, 2020
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Investors
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Employee Count
1580
as on Dec 31, 2024
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Investments & Acquisitions
Delaget
& 5 more
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IPO & Listings of PAR Technology Corp
PAR Technology Corp is a publicly listed company on the NYSE with ticker symbol PAR in USA, operating in the Electronic technology sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of PAR Technology Corp
PAR Technology Corp offers a comprehensive portfolio of products and services, including PAR POS™ Enterprise, PAR OPS, Punchh®, PAR Pay, and PAR Ordering. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Cloud-based POS system for large-scale restaurant operations.
Software for food and labor intelligence in restaurants.
Platform for customer engagement and rewards programs.
Secure payment gateway for restaurant transactions.
System for online and kiosk-based order management.
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Funding Insights of PAR Technology Corp
- Total Funding Total Funding
- Total Rounds 1
- Last Round Post-IPO — $105.0M
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First Round
First Round
(06 Feb 2020)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2020 | Amount | Post-IPO - PAR Technology Corp | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by PAR Technology Corp
PAR Technology Corp has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Delaget, PAR Engagement and PAR Technology. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Digital menu solutions are provided for restaurant ordering and payments.
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2015 | ||||
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A mobile CRM and loyalty platform for restaurants is provided.
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2010 | ||||
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IT service suite solutions are provided by Stuzo.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - PAR Technology Corp
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Par Technology Corp Comparisons
Competitors of PAR Technology Corp
PAR Technology Corp operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Toast, SpotOn, Tillster, Olo and Revel Systems, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
SaaS solutions for restaurant online ordering and analytics are offered.
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| domain | founded_year | HQ Location |
Olo is recognized as a restaurant technology platform provider.
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| domain | founded_year | HQ Location |
Cloud-based point-of-sale solutions are offered for restaurants and bars.
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| domain | founded_year | HQ Location |
Zenput is utilized as an operations execution platform for multi-unit operators.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Par Technology Corp
Frequently Asked Questions about PAR Technology Corp
When was PAR Technology Corp founded?
PAR Technology Corp was founded in 1978 and raised its 1st funding round 42 years after it was founded.
Where is PAR Technology Corp located?
PAR Technology Corp is headquartered in New Hartford, United States. It is registered at New Hartford, New York, United States.
How many employees does PAR Technology Corp have?
As of Dec 31, 2024, the latest employee count at PAR Technology Corp is 1,580.
What is the annual revenue of PAR Technology Corp?
Annual revenue of PAR Technology Corp is $349.98M as on Dec 31, 2024.
What does PAR Technology Corp do?
PAR Technology Corp was founded in 1978 and is headquartered in New Hartford, United States. Restaurant technology solutions are offered in the omnichannel sector, with services encompassing point-of-sale systems, ordering platforms, loyalty programs, data analytics, and payment processing. Operations focus on software integration for foodservice businesses across various channels.
Who are the top competitors of PAR Technology Corp?
PAR Technology Corp's top competitors include Toast, UrbanPiper and SpotOn.
What products or services does PAR Technology Corp offer?
PAR Technology Corp offers PAR POS™ Enterprise, PAR OPS, Punchh®, PAR Pay, and PAR Ordering.
Is PAR Technology Corp publicly traded?
Yes, PAR Technology Corp is publicly traded on NYSE under the ticker symbol PAR.
How many acquisitions has PAR Technology Corp made?
PAR Technology Corp has made 6 acquisitions, including Delaget, PAR Engagement, and PAR Technology.
What is PAR Technology Corp's ticker symbol?
The ticker symbol of PAR Technology Corp is PAR on NYSE.
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